Keith Inc, a Multinational Firm, Has Extensive Business Operations in Less

question 64

Multiple Choice

Keith Inc., a multinational firm, has extensive business operations in less developed countries.In one such country, Keith recently introduced a policy wherein it will donate 2 percent of its net profit to educational institutions with poor infrastructure.However, Keith was imposed a fine of $60,000 for violating the fair wage standards in the same country.Which of the following best exemplifies Keith's activity?

• A)A firm with a strong focus on the triple bottom line
• B)Socially responsible firm involved in unethical practices
• C)Ethical firm not involved with the larger community
• D)Both ethical and socially responsible
• E)Neither ethical nor socially responsible

---

Definitions:

Bacon's Rebellion

A 1676 armed rebellion in Virginia, led by Nathaniel Bacon against the rule of Governor William Berkeley, which was motivated by grievances over governance, policy toward Native Americans, and land.

Causes

The reasons or motivations behind an event or action that lead to specific outcomes.

Consequences

The outcomes or effects that result from a particular action or set of conditions, often discussed in the context of decision-making and behavior.

Triangular Trade

A historical term that describes a system of trading in which a country pays for its imports from one country by its exports to another, often involving the exchange of slaves, goods, and raw materials between the Americas, Europe, and Africa.